Bienvenidos a la Iberoteca del mundo libre.
Libros

The Stability of Currency Boards

ISBN: 978-3-631-75699-7
Editorial: Peter Lang
Licencia: Creative Commons (by-nc-nd)
Autor(es): Stukenbrock, Kai

The 1990s saw a revival of the currency board system, and proponents have advocated it as an easy-to-set-up exchange rate arrangement providing effective stabilization of the economy. However, the experience of Argentina has highlighted the risks of having a currency board. This study presents both the potential benefits, as well as the risks, of having a currency board by examining the stability of the currency board arrangement and identifying factors affecting the stability. The analysis is based on second-generation currency crisis models, extended to incorporate currency-board specific features and to account for particular aspects often found in currency-board economies.
[Bern: 2018]

1.00 €


    Esta combinación no existe.


    Compartir:
    Esta es una vista previa de los documentos vistos recientemente por el usuario.
    Una vez que el usuario haya visto al menos un documento, este fragmento será visible.
    Documentos vistos recientemente